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Baby boomers may put 'tidal wave' of 21M homes on market -- but who will buy them?

 
Catnip

User ID: 76102966
United States
12/11/2019 08:35 AM
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Re: Baby boomers may put 'tidal wave' of 21M homes on market -- but who will buy them?
Ppl that need a house will buy them.....and they will be cheap so it's a win win...
 Quoting: Anonymous Coward 78187519


All the millennials crying about older people having everything, can now get a chance to own a home, and shuffle the boomers off the the nursing home.
 Quoting: Pilgrim001


Older people earned what they have. They went to work every day for 30+ years and saved what was left after paying the bills. They never took the easy way out and lived in their parents basements.
"When you change the way you look at things, the things you look at change"
Catnip

User ID: 76102966
United States
12/11/2019 08:43 AM
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Re: Baby boomers may put 'tidal wave' of 21M homes on market -- but who will buy them?
Millennial's who claim housing is completely unaffordable now.
 Quoting: outoftime 30857644


Will they really want to give up their planet-saving micro apartments and actually learn to maintain a home, mow a lawn, ...
 Quoting: Anonymous Coward 10096094


No, they won't. My next-door millennials own the house but after 6 or 7 years, it's starting to fall apart. Enough snow this winter and the roof will cave in.

They mow the lawn 2 or 3 times during the summer. In winter they don't bother to shovel the snow, they just walk a path to their trucks, which are snowed in (one truck no longer even runs. Vandals have broken the windows and 2 tires are flat). With 4-wheel drive they just drive over the accumulated snow in the newer truck.
"When you change the way you look at things, the things you look at change"
Catnip

User ID: 76102966
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12/11/2019 08:49 AM
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Re: Baby boomers may put 'tidal wave' of 21M homes on market -- but who will buy them?
you need to do some research before you continue to make yourself look ignorant

GMOs weren't introduced to the general population until the 90 ... when Boomer's grand children were born ... hybrid seeds were only introduced in the late 70s ... so Boomer were all raised on Organic foods ... and only started eating frankenfoods after they were full grown adults

boomers only got three (safe) vaccines ... their kids got about a dozen, and their grand kids get at least two dozen, not to forget all the "additives and supplements" added to their food - triggered at around 40 to give them cancer

there was less that 1% of the population suffering from respiratory diseases, cancer was RARE, and so was Autism, and very few had diabetes - compared to today

I have a degree in gerentoloty, I studied all aspects of aging and in the late 80 the life span of a Boomer was predicted to be an average age of 125

what you are reguritating is bull shit - based upon wish-full thinking - we contributed to society and EARNED what we are enjoying now ... you could do the same, but CHOOSE to do nothing but bitch and moan - and beg for hand-outs - because you can't handle the truth. "you get what you give" - you have created this reality - we (boomer) couldn't be happier.
 Quoting: Shadow Dance


It’s amazing the false presumptions that younger generations make without asking questions or researching facts.

They assume the current state of affairs is what always was in the past.
I always knew my parents, grandparents and great grandparents grew up each living totally different lifestyles than when I grew up.

I wonder why younger generations aren’t aware of those facts of life. Did many grow up not knowing their predecessors?

When I grew up there was much too much fluoride in the water, so it couldn’t just be that. Maybe the combination of fluoride in the water over generations and the sorry state of education has caused the serious decline in intellectual ability in younger generations.

I hear ridiculous, inaccurate things tv newscasters that aren’t that
young (30’s - 50’s) say about political events that happened not that long (20- 45) years ago.

What is even more mind boggling is how arrogant and stubborn they are in their ignorance. I know some of those younger age groups that swallow the most precursory, superficial propaganda on topics and never dig deeper nor even want to listen to additional facts, much less another point of view.

Idiocracy now is not just a movie, unfortunately.
 Quoting: WRogers


Newscasters no longer report the news, they read it from prepared agendas. If you've ever noticed, national newscasters read from their scripts during the day and local newscasters read from the same script during the evening news.
"When you change the way you look at things, the things you look at change"
beeches

User ID: 77354011
United States
12/11/2019 09:41 PM

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Re: Baby boomers may put 'tidal wave' of 21M homes on market -- but who will buy them?
good thread
Liberalism is totalitarianism with a human face – Thomas Sowell
Anonymous Coward
User ID: 67344566
Canada
12/12/2019 10:32 PM
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Re: Baby boomers may put 'tidal wave' of 21M homes on market -- but who will buy them?
Millennial's who claim housing is completely unaffordable now.
 Quoting: outoftime 30857644


studio/bachelor appartment prices

2014: 325
2019: 900-1200+

it's very wrong
Anonymous Coward
User ID: 67344566
Canada
12/12/2019 10:34 PM
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Re: Baby boomers may put 'tidal wave' of 21M homes on market -- but who will buy them?
Maybe the Chinese will buy them to get their money out of the country.
 Quoting: TGus 77715172


They’re already doing it.
 Quoting: WRogers


have been since the 80's here in canada, look at vancouver lol
Wondering Mind

User ID: 73265267
United States
12/12/2019 10:40 PM
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Re: Baby boomers may put 'tidal wave' of 21M homes on market -- but who will buy them?
you need to do some research before you continue to make yourself look ignorant

GMOs weren't introduced to the general population until the 90 ... when Boomer's grand children were born ... hybrid seeds were only introduced in the late 70s ... so Boomer were all raised on Organic foods ... and only started eating frankenfoods after they were full grown adults

boomers only got three (safe) vaccines ... their kids got about a dozen, and their grand kids get at least two dozen, not to forget all the "additives and supplements" added to their food - triggered at around 40 to give them cancer

there was less that 1% of the population suffering from respiratory diseases, cancer was RARE, and so was Autism, and very few had diabetes - compared to today

I have a degree in gerentoloty, I studied all aspects of aging and in the late 80 the life span of a Boomer was predicted to be an average age of 125

what you are reguritating is bull shit - based upon wish-full thinking - we contributed to society and EARNED what we are enjoying now ... you could do the same, but CHOOSE to do nothing but bitch and moan - and beg for hand-outs - because you can't handle the truth. "you get what you give" - you have created this reality - we (boomer) couldn't be happier.
 Quoting: Shadow Dance


It’s amazing the false presumptions that younger generations make without asking questions or researching facts.

They assume the current state of affairs is what always was in the past.
I always knew my parents, grandparents and great grandparents grew up each living totally different lifestyles than when I grew up.

I wonder why younger generations aren’t aware of those facts of life. Did many grow up not knowing their predecessors?

When I grew up there was much too much fluoride in the water, so it couldn’t just be that. Maybe the combination of fluoride in the water over generations and the sorry state of education has caused the serious decline in intellectual ability in younger generations.

I hear ridiculous, inaccurate things tv newscasters that aren’t that
young (30’s - 50’s) say about political events that happened not that long (20- 45) years ago.

What is even more mind boggling is how arrogant and stubborn they are in their ignorance. I know some of those younger age groups that swallow the most precursory, superficial propaganda on topics and never dig deeper nor even want to listen to additional facts, much less another point of view.

Idiocracy now is not just a movie, unfortunately.
 Quoting: WRogers


True, my aunt is going in for eye injections to repair her retina hopefully some what.
While she is way more the industrious person than these younger ones ever will be.
Their home is paid for and was bought and paid for without a loan on it.
Ours is as well, while it took us longer we doubled payments adding over $1,000.00 to each regular payment of principal payments to pay if off sooner and avoid the extra interest charges.

I agree with you, I prefer the older poeple over the younger ones and always have, even for a spouse I chose the older person.

clappa
The most precious things are the simple things in life, always present in the simplest of minds.





GLP